Updated on May 9, 2025•
Fact checked
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Reviewed by
DEL Nick Slade, Chief Content Officer
The Onyx Odds signup bonus
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1,000 free coins when you sign up at Onyx Odds
Just like most social betting sites, Onyx Odds gives you free coins as a welcome bonus. Just sign up for an account, and you'll instantly receive 1,000 Onyx Coins for free. These coins work just like the Gold Coins on other platforms - they’re purely for fun and can’t be redeemed for prizes.
This offer is a solid way to start placing picks on your favorite sports without any upfront commitment. The only downside is that this welcome bonus doesn’t include Onyx Cash, the sweepstakes currency you can redeem for cash prizes.
So, if you want to play for redeemable prizes, you’ll need to purchase a bundle of Onyx Coins, which comes with a bonus of Onyx Cash. Onyx Odds have made sure that first purchases are boosted though, with a first purchase offer currently running on site when you use promo code
DIMERSSBT. A $10 Onyx Coin purchase will land you 25 FREE Onyx Cash, so you can start playing promotional games with the aim to redeem prizes.
Social Betting Welcome Offer
Spend $10 get 25 Onyx Cash
18+, Other T&Cs Apply
How to claim the Onyx Odds signup bonus
Getting your 1,000 Onyx Coins is super straightforward. Just follow these three steps:
- Visit Onyx on your smartphone:
While there is a desktop site, it’s mainly for information - you can’t actually play on it. You’ll need to access the website on a mobile device instead.
- Sign up for an account:
Tap the "Sign Up" button in the top corner and fill out the registration form. After completing the form, tick the box to agree to the terms of service and hit "Create Account."
- Claim your free coins:
Once your account is created, you’ll be logged in automatically, and the free coins will be credited to your account right away - no Onyx Odds bonus code required.
If you want to make the optional Onyx Coin purchase and nab the first purchase promotion, you'll need to head to the Onyx Coin Store and choose a package priced at $10 or more. A $10 Onyx Coin purchase will see you get 25 FREE Onyx Cash.
5 expert tips for using Onyx Odds promotions
I’ve put together a list of tips to help you get the most out of Onyx Odds promotions and steer clear of any common pitfalls.
🎰 Make sure you're eligible
The Onyx Odds signup bonus is only for players who are 18 or older. Additionally, you can’t be located in any of these restricted states: Alabama, Colorado, Idaho, Louisiana, Michigan, Montana, Nevada, Tennessee, or Washington. Make sure you meet these requirements before signing up and claiming any bonuses.
🔒 Verify your account early
You can sign up using just your email and claim your free coins without going through KYC checks. However, to purchase Onyx Coins or redeem prizes, you’ll need to complete KYC verification. This process requires you to upload proof of address (like a bank statement or utility bill), a photo of a government-issued ID (passport or driver’s license), and a live selfie that matches your ID photo. It’s smart to handle this early on to avoid any delays when making purchases or redeeming prizes later.
The welcome bonus only includes Onyx Coins, which are for fun and can’t be redeemed. If you’re interested in playing for redeemable prizes, the best option is to consider the first purchase promotion - 'Spend $10, get 25 FREE Onyx Cash'. Prices range from $10 to $500, so there’s an Onyx Odds purchase bonus for every budget.
Since Onyx Coins can’t be redeemed for anything and you get them for free just by signing up, it’s smart to use them first. This lets you get familiar with the platform and practice your strategies without any risk. Once you’re more comfortable, you can switch to playing with Onyx Cash for a chance to redeem winnings for cash prizes.
⚠️ Be careful with parlays
Onyx Odds now offers the option to place parlays, which involve combining two or more picks into a single prediction. While parlays can increase your potential win amount, every pick in the parlay needs to be correct to win. So, be cautious, especially with multi-leg parlays - they’re much riskier than making individual picks.
Answering common questions about Onyx Odds promotions
Most of the common questions about Onyx Odds promotions are related to redeeming prizes. To clear up any confusion, I’ve answered these frequently asked questions here for your convenience.
What do I do if I win Onyx Cash?
If you win with Onyx Cash, you have two options: redeem your winnings for cash prizes once you have at least 20 Onyx Cash, or use your winnings to place more sports picks. The choice is yours.
How do I redeem Onyx Cash?
After meeting the 1x playthrough requirement, head to your account, click “Redeem,” and enter the amount of Onyx Cash you want to redeem (minimum 20 Onyx Cash). Then, choose the bank account you’d like the money prize sent to—it must be in your name.
How long does it take to receive a cash prize?
Cash prize redemptions can take up to 30 days to process. For prizes over $500, processing may take a bit longer due to extra security and fraud checks.
Additional bonuses and rewards at Onyx Odds
While the welcome bonus and first purchase promotion is a good way to get started, there aren’t many additional bonuses available afterward, which is an area Onyx Odds could improve. For instance, there’s no daily login bonus - unusual for a social betting site - and there isn’t a promotions page to check for extra offers either right now.
There is the new bespoke VIP program to check into though, where the more bets you place, the more VIP points you collect, and in turn these points can be used to unlock bonuses and special offers.
Another way I found to claim additional bonuses was through their social media. Although they’re not as active as some other sites, they do occasionally share offers on Instagram, so it might be worth following them. Also, keep an eye on your inbox, as Onyx Odds may occasionally send out bonus codes via email.
Advertiser disclosure
If you want to make free sports predictions on major leagues like the NBA, NFL, and NHL, Onyx Odds has you covered. Just sign up, and you’ll get 1,000 Onyx Coins for free, allowing you to jump right into the action without spending any money. The first purchase promotion 'Spend $10, get 25 FREE Onyx Cash' is also available to new players, although we must add that purchases are completely optional on this site.
Claiming the free coins was super easy. I just visited the site, signed up, and 1,000 Onyx Coins were instantly credited to my account - no Onyx Odds bonus code required. You can use these coins to place picks on any of the sports and markets available in the social sportsbook.
If you’re hoping to redeem prizes from the welcome bonus, you might be a bit disappointed. Onyx Coins are just for fun. While you can win more by making successful predictions, those winnings aren’t redeemable. You'll need to get hold of some Onyx Cash, which is available for free via bonuses and alongside Onyx Coin purchases too.
The biggest downside is that the no deposit welcome bonus doesn’t include any Onyx Cash, the redeemable sweepstakes currency. You'll need to either complete a postal request or purchase a bundle of Onyx Coins to get Onyx Cash as a bonus. Although this isn’t ideal if you just want to play without spending any money, prize redemption is possible once you've played through your Onyx Cash at least once and collected the minimum amount of 20.
If you’re just looking to make some sports predictions for fun, this welcome offer isn’t a bad deal. But if you’re hoping to redeem prizes right off the bat, you may be disappointed, as the welcome bonus doesn’t include any sweepstakes currency.